NTPC Green soars 8.31% after commercial operation begins at its 1st unit of Shajapur solar project

The stock of NTPC Green soared over 8.30 per cent on BSE on Thursday (November 28, 2024) after the subsidiary of Maharatna PSU, NTPC, started commercial operations at its first unit of a solar project at Shajapur, MP.

"We wish to inform you that consequent upon successful commissioning, first part capacity of 55 MW out of 105 MW Shajapur Solar Project (Unit-I) at Shajapur, M.P of NTPC Renewable Energy Limited (a wholly owned subsidiary of NTPC Green Energy Limited), is declared on commercial operation w.e.f. 00:00 Hrs. of 29.11.2024," NTPC Green said on a statement on Thursday.   

The stock that closed trading on Wednesday at Rs 122.10 jumped to Thursday's high of Rs 132.25, an 8.31 per cent rise. 

The stock that started trading on Thursday at Rs 121.50 was trading higher by 5.73 per cent, or Rs 7,00, at Rs 129.10.

Listing gains

The stock listed on BSE and NSE on Wednesday.

On BSE, it listed at Rs 111.60, a 3.33 per cent premium. It closed the session up by 13.06 at Rs 122.10.

On NSE, it listed at Rs 111.50, a premium of 3.24 per cent.

It soared by 12.26 per cent to end the session at Rs 121.25.